Mountain View saw the most sluggish growth in its property values out of all cities in the county last year, as the commercial office market remained under pressure.
The combined assessed value of commercial and residential properties in Mountain View grew 2.93% in 2025, according to a report released Monday by the Santa Clara County Assessor’s Office. That’s higher than the 0.51% growth that the city saw in the prior year, but both are among the lowest rates since 2012.
Overall, assessed property values in Santa Clara County increased by 4.74% in 2025, with nearby cities like Los Altos and Palo Alto increasing by 6.43% and 5.47%, respectively.
“We call it a mixed bag,” said Santa Clara County Assessor Neysa Fligor. “There is good residential growth, it’s just offset by what’s happening on the commercial space side.”…